Throughout history the best measure of the value of a stock has been its
price to earnings ratio. Anyone who ignores that is a gambler who will
lose more than he makes. The "dot com revolution" was just a wave of
speculation.


"Oz1" wrote in message
...
On 23 Jul 2003 01:23:54 GMT, (SkitchNYC) wrote:

Dear oh dear!
Have another look, you knowanything about history?



What does that mean? By historical measures it is unjustifiably
HIGH. No one
is worried about it being too low, the concern is that it could fall
again. It
is an incredibly healthy market with 3 - 5 billion (yes, billion)
shares sold
daily.

Of course it will fall.
The high is still waaay below high, and the number of shares traded
only serves to reinforce an "unjustifiably HIGH" market.
If you're playing keep a close eye cause it's gonna drop fast, soon.


Oz1...of the 3 twins.
I welcome you to crackerbox palace,We've been expecting you.